SOUTHFIELD, MICHIGANJuly 7, 2017 Signature Associates has negotiated the lease of 21,191 square feet of hi-tech/industrial space located at 1406-1410 E. Michigan Avenue, Saline, Michigan to French self-driving shuttle manufacturer Navya, Inc for their US headquarters. This will be their first location in America.
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/nJay Chavey and Craig Herschel of Signature Associates represented the landlord, Soma Storage Saline, LLC. Navya Inc. chose the Ann Arbor area due to their partnerships with Ann Arbor SPARK and the University of Michigan and has begun testing its driverless shuttle on the universitys testing site Mcity. The plant will employ at least 15 people and assemble 20 shuttles by the end of the year which they hope to increase to 100 by 2018.
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/nAbout Signature Associates
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/nSignature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan and Toledo, Ohio, is the regions leading commercial real estate firm. Signature provides a diverse selection of services, including brokerage, tenant representation, investment sales, property/asset management, advisory services, consulting and market research.
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/nIn 2016, Signature completed more than 1,260 transactions totaling 32.2 million square feet and 2,100 acres with a value of $1.1 billion. Additionally, the firm manages more than 8 million square feet of commercial space for its third-party clients, making us one of the largest locally owned property management firms in the market. Over the past 10 years, the firm has closed $9.2 billion in transactions solidifying their position as the commercial real estate leader in Michigan and Northwest Ohio.